2025 SFCR Report
portfolios. The focus includes two principal areas, namely: ▪ Acquisition of portfolios or insurers, primarily those in run-off and targeting mainly annuity, guaranteed savings or linked products; and ▪ Reinsurance of long-dated, asset intensive liabilities... acquired: ▪ On 31 May 2019, MAB carried out the transfer of a portfolio of long-term savings and credit life insurance from Alpha Insurance SA, a Belgian composite insurance company and a wholly-owned subsidiary of Enstar Group Limited, (the “Alpha